Laing O’Rourke appoints new chief financial officer

Aaron Morby 5 years ago
Share

Laing O’Rourke has appointed retirement home builder McCarthy & Stone’s Rowan Baker as its new chief financial officer.

Baker (pictured above) will join Laing O’Rourke in September to succeed current group finance director, Stewart McIntyre, who steered Laing O’Rourke through its recent financial troubles.

McIntyre will retire from full-time roles with the group in March 2021.

He will oversee a gradual handover and will remain responsible for finalisation of the 2019-20 group accounts and audit, and remain as an adviser to March 2022.

Rowan, who joined McCarthy & Stone in 2012, played a key role in the retirement builder’s IPO.

She also developed and delivered its new strategy, as well as driving several transformation initiatives.

Prior to this, she worked in finance for Barclays Bank and professional services for PwC. She has a masters degree in Law from Cambridge University and is a qualified accountant and chartered tax adviser.

Baker said: “I am thrilled and excited to be joining Laing O’Rourke.

“I am impressed by its swift actions to build resilience during the current COVID-19 crisis and remain focused on the significant opportunities on the horizon, in both the private and public sector.

“I believe its pioneering focus on modern methods of construction, digital engineering and its direct delivery model via its own construction workforce, position it well to win new business in a sector set for change.”

Laing O’Rourke CEO, Ray O’Rourke, said: “I am delighted Rowan will be joining us in this critical leadership role.

“While it is a time of extreme turbulence in our economy and wider society, and we are working hard to ensure we emerge strongly from the COVID-19 crisis, it is important we remain focused on our longer-term objectives and success.

“There are significant opportunities and exciting times ahead of us and Rowan’s finance and leadership expertise will help us maximise these and continue our transformation.”

O’Rourke added: “I would like to thank Stewart for his friendship and leadership over the past six years. He has steered the company through its turnaround programme and refinancing, enabling us to focus on transforming the business for future success. I am pleased the Board will continue to have access to his considerable knowledge and expertise.”

Latest news

Breakthrough for HS2 as first Birmingham tunnel section dug

Balfour Beatty VINCI completes 3.5km TBM drive in 652 days drive
2 days ago

HS2 Curzon Street station redesign approved as timber roof axed

Change to meet stricter fire safety rules and cut maintenance costs
2 days ago

Care home fire trial collapses

Prosecution withdrawn against four firms including Morgan Sindall Property Services
3 days ago

Leicester rebids £22m station revamp after failed tender race

Council opts for ECI route after receiving one bid for project
2 days ago

Kier wins East Coast College rebuild job in Great Yarmouth

Work to start this summer for 1,300-student college
2 days ago

R G Carter wins £28m hospital car park job in King’s Lynn

MSCP paves way for £1.5bn Queen Elizabeth Hospital rebuild in 2027
2 days ago

London to relax green belt building rules

Sadiq Khan shifts position on planning
2 days ago

Willmott Dixon wins Great Yarmouth waterfront deal

North Quay 10.5 acres mixed-use scheme to advance
3 days ago

SIG chief quits to join Travis Perkins

Gavin Slark to leave by the end of this year
2 days ago

Eight take key spots on £250m Prosper framework

Housing and public building upkeep deal for North East awarded
3 days ago

Early call-out for £150m Ebbsfleet Garden City infrastructure

Bidders day to set out plan for Ebbsfleet Central commercial scheme
4 days ago

McLaren storms April contracts league with flurry of wins

Cardiff Bay Arena job headlines a series of big contract wins
3 days ago

Balfour Beatty lifts cash forecast after strong first quarter

Contractor set to hit £1bn average monthly net cash in 2025
3 days ago

Goldman Sachs-owned Adler & Allan buys 180-strong civils outfit

West Country's Glanville Environmental gets new owner
3 days ago

Caddick lands first contract for £200m Skelmersdale revamp

Developer gets green light for masterplan
3 days ago

Van Elle sells HGV fleet to haulage firm

WS Specialist Logistics pays £2.9m to take on fleet and drivers
3 days ago

Buyers more bullish about prospects for year ahead

Residential "resilient" but commercial work a weak spot
4 days ago

Council backs first Brutalist car park-to-flats scheme

Newcastle-under-Lyme multi-storey car park to be reborn as pioneering homes scheme
4 days ago

Hinkley Point C hits peak build with 26,000 jobs

3,000 more workers to join as fit-out work ramps up
4 days ago

Over 40 firms win Wessex Water M&E minor works deal

Broad sweep of specialists picked for AMP8 programme
4 days ago

Spencer lands Scottish bridge hat-trick

Steelwork, gantries and bearing upgrades on Kessock, Forth and Tay crossings
5 days ago

Winners revealed for £1.5bn decarbonisation deal

Fusion21 confirms places for 40 firms: Full list
4 days ago

Cladding firm fined £225,000 after fatal fall

Court hears how cherry picker didn't reach all parts of repair job
4 days ago

Completed buildings caught-up in Gateway 2 chaos

Developer distraught after dealing with Building Safety Regulator
5 days ago

Aviva submits plans for 34-storey City office tower

Subject to planning work to start in autumn 2027
5 days ago

Murphy takes 40% stake in Aussie civils contractor

Firm enters Australasian market with stake in Sydney-based contractor Abergeldie
6 days ago

Moat seeks firm for £420m repairs and maintenance deal

15-year deal to upkeep 20,000 south east homes
5 days ago

Lynch takes over hotel for Sizewell plant operators

Hire giant now in the hotel business to guarantee accommodation for workers
5 days ago

Subcontractors wanted across Scotland

Latest Constructionline event in Glasgow: Register now
5 days ago

Six guilty of £2m bribery over Devon housing site deals

Corrupt building bosses and E.ON project chief and QS sentenced
1 week ago

Contractor services